The Authors Refer to Companies That Have Access to a ________

question 59

Multiple Choice

The authors refer to companies that have access to a ________ as MNEs, and firms without such access are identified as ________.

• A) global cost and availability of capital; domestic firms
• B) large domestic capital market; geographically challenged
• C) world financial markets; antiquated
• D) none of the above

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Definitions:

Adequacy of Consideration

A legal principle that examines whether the value exchanged in a contract is fair and reasonable to all parties involved.

Contract Formation

The process by which parties agree on the terms of a contract, leading to a binding agreement; typically involves offer, acceptance, consideration, and mutual intent.

Past Consideration

A concept in contract law that refers to a benefit or act that has already been given or performed before the promise is made, which is not valid consideration for a current contract.

Bilateral Contract

An agreement involving two parties where each promises to perform an act in exchange for the other's act.